INDIAN BANK THRU OFFICER vs THE TEHSILDAR AND ORS — WP/6136/2026

Case under Securitisation & Reconstruction of Finiancial Assets Act Section NA. Disposed: Contested--Disposed Off on 11th June 2026.

Case disposed

CNR: HCBM010218722026

Filing Number

WP/12756/2026

Filing Date

28-Apr-2026

Registration No

WP/6136/2026

Registration Date

30-Apr-2026

Judge

Hon'ble Shri Justice Manish Pitale , Hon'ble Shri Justice Shreeram Vinayak Shirsat

Coram

Hon'ble Shri Justice Manish Pitale , Hon'ble Shri Justice Shreeram Vinayak Shirsat

Bench Type

Division

Category

MERCANTILE LAWS COMMERCIAL TRANSACTIONS , BANKS ( 28 )

Sub-Category

MATTERS RELATING TO SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS ( 10 )

Judicial Branch

Civil

Decision Date

11-Jun-2026

Nature of Disposal

Contested--Disposed Off

Last updated 12-Jun-2026

Acts & Sections

Securitisation & Reconstruction of Finiancial Assets Act Section NA

Petitioner(s)

  1. 1.INDIAN BANK THRU OFFICER

    Adv. VAISHALI BHILARE

Respondent(s)

  1. 1.THE TEHSILDAR AND ORS

  2. 2.THE DEPUTY COMMISSIONER OF POLICE

  3. 3.THE POLICE INSPECTOR

  4. 4.BALASAHEB SHINDE

  5. 5.JAGDISH PATIL

Case History

  1. Case disposedDisposed

  2. 11-Jun-2026

    For Compliance

    Hon'ble Shri Justice Manish Pitale , Hon'ble Shri Justice Shreeram Vinayak Shirsat

  3. 08-May-2026

    Hon'ble Shri Justice Farhan Parvez DubashView PDF

    Summary: The Bombay High Court found that Indian Bank failed to disclose pending proceedings before the Debt Recovery Tribunal (a securitization application and stay application by borrower Crystal Cold Storage) when seeking a May 5, 2026 order for asset possession. The Court held that DRT-1 Mumbai must decide the stay application on its merits independently and uninfluenced by the High Court's possession order, to be heard urgently on May 12, 2026, ensuring the borrower is not prejudiced by non-disclosure. This case analysis is maintained by casestatus.in based on publicly available court records.

  4. 05-May-2026

    Hon'ble Shri Justice Manish Pitale,hon'ble Shri Justice Shreeram Vinayak ShirsatView PDF

  5. 05-May-2026

    First hearing

    Initial hearing scheduled

  6. 28-Apr-2026

    Case filed

    Registration No. WP/6136/2026

casestatus.in Summary

Summary: The Bombay High Court found that Indian Bank failed to disclose pending proceedings before the Debt Recovery Tribunal (a securitization application and stay application by borrower Crystal Cold Storage) when seeking a May 5, 2026 order for asset possession. The Court held that DRT-1 Mumbai must decide the stay application on its merits independently and uninfluenced by the High Court's possession order, to be heard urgently on May 12, 2026, ensuring the borrower is not prejudiced by non-disclosure. This case analysis is maintained by casestatus.in based on publicly available court records.

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